Zeev's Turnips - No Politics Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TraderXx who wrote (71587)	5/26/2002 7:54:12 AM
From: stomper	Read Replies (1) of 99280

People are scared shitless to invest Interesting, I don't see that anywhere. I see people uncomfortable picking bottoms...yet still giving it a shot. Many people's accounts are still working off house money gained. Hell, for grins I left a decent chunk in a jANUS Mercury account that my wife's parents started for her and it's still at a six percent return for five years. I can't tell you how many times I hear friends swear off ever investing in the stock market I hear the exact same thing from my peer group. Yet when I ask them what kind of allocation changes they've made, or if they have forgone 401(k) contributions to pay down revolving debt, the answer is invariably the same: "No way, this is great dollar cost averaging". I think what our friends are really saying is when they get a chunk of money they aren't willing to blindly throw it in the market like they have in recent years past. But that is swearing off of gambling, not investing. Nevertheless, it's a revelation seeing people's attitudes to these market swoons. -dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next